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First Start-up For $500 million
Start-up

The MIT blackjack prodigy who inspired the movie 21 sold his very first start-up for $500 million now he s back with another one Playing blackjack assists in company, according to Allego CEO Yuchun Lee. He would know because he became part of the notorious MIT blackjack group that inspired the 2008 Kevin Spacey movie "21.".

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Powa: The start-up that was up to earth
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It was one of Britain's brightest tech start-ups, applauded by David Cameron, and an unusual British "unicorn" - a company valued at over $1bn (694m) prior to drifting on a stock market. Its vibrant creator Dan Wagner declared in 2014 that his company deserved $2.7 bn (1.9 bn) and had actually signed a deal in China with "endless" potential. Learn about start up schweiz at startup-me.ch .

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General Motors acquires self-driving
Start-up

General Motors acquires self-driving automobile start-up Cruise Automation Detroit automobile giant General Motors has actually acquired Cruise Automation, a Silicon Valley maker of driverless vehicles, as it relocates to head off a difficulty to its dominance from some of the tech world s most significant business.

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GM s acquisition of Cruise supplies our company with an unique technology benefit that is unparalleled in our industry, said GM executive vice-president Mark Reuss. We intend to invest substantially to further grow the skill base and abilities currently developed by the Cruise team.

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